Practitioners' Journal, Volume 40, Issue 2Association of Interstate Commerce Commission Practitioners., 1973 - Carriers |
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Common terms and phrases
914 Washington Building applicant Assistant Attorney at Law authority Avenue Big Order buyer capital Carolina intrastate rates carrier operating Chicago Chief Cleary Commission's commodity classes common carriers Company competition contract Contribution by Commodity Court deficit tonnage deliveries Demurrage Director District Division Donelan economic equipment evidence existing carriers Federal Federal Railroad Administration filed financial ratios freight cars freight rates grant ICC Statement income industry Interstate Commerce Act Interstate Commerce Commission involved James John long-run variable cost ment National Trailer Convoy North Carolina intrastate Official operating ratio P.O. Box petition portation proceeding proposed rates protestants Quaker Oats Company Rail Revenue Contribution Railroad rate increases rates and charges regulation respondents risk of loss Robert Section seller shipment Southern Railway Street substantial tion Traffic Manager Trans transportation Trucking United States Code Vice President Washington
Popular passages
Page 183 - ... shall prescribe the rate, fare, or charge, or the maximum or minimum, or maximum and minimum, thereafter to be charged, and the classification, regulation, or practice thereafter to be observed, in such manner as, in its judgment, will remove such advantage, preference, prejudice, or discrimination.
Page 182 - State authorities in the enforcement of any provision of this act. "(4) whenever in any such Investigation the commission, after full hearing, finds that any such rate, fare, charge, classification, regulation, or practice causes any undue or unreasonable advantage, preference. or prejudice as between persons or localities In intrastate commerce on the one hand and Interstate or foreign commerce...
Page 186 - Commission may find without a separation of interstate and intrastate property, revenues, and expenses, and without considering in totality the operations or results thereof of any carrier, or group or groups of carriers wholly within any State...
Page 180 - Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic by the carrier or carriers for which the rates are prescribed; to the need, in the public interest, of adequate and efficient railway transportation service at the lowest cost consistent with the furnishing of such service ; and to the need of revenues sufficient to enable the carriers, under honest, economical, and efficient management to provide such service.
Page 161 - In the exercise of its power to prescribe just and reasonable fares and regulations and practices relating thereto, the Commission shall give due consideration, among other factors, to the inherent advantages of transportation by such carriers ; to the effect of rates upon the movement of traffic by...
Page 163 - In Industries where the amount of Investment is large in relation to total costs, the rate of return on Investment generally has been accepted as appropriate for determining revenue needs. In such Industries the risk is related more to the amount of investment and less to costs. On the other hand, where the amount of the investment Is relatively small in relation to total costs. Investment is not the primary factor in determining revenue needs. For example, in the case of motor common carriers which...
Page 170 - From the investor or company point of view it is important that there be enough revenue not only for operating expenses but also for the capital costs of the business. These include service on the debt and dividends on the stock.
Page 186 - This is something less than the weight of the evidence, and the possibility of drawing two inconsistent conclusions from the evidence does not prevent an administrative agency's finding from being supported by substantial evidence.
Page 217 - The question, in substance, is whether the new operation or service will serve a useful public purpose, responsive to a public demand or need; whether this purpose can and will be served as well by existing lines or carriers; and whether it can be served by applicant with the new operation or service proposed without endangering or impairing the operations of existing carriers contrary to the public interest.
Page 180 - Congress, to develop and preserve a national transportation system adequate to meet the needs of the commerce of the United States, of the postal service, and of the national defense...